Serviced accommodation is an excellent option for long-term assignees. These homes come furnished and can often be much cheaper than an equivalent hotel room. They are typically furnished with excellent amenities and may include a nice TV. Moreover, serviced accommodation includes bedding, towels, tea, milk, and biscuits. In some serviced accommodations, the staff is available to assist guests. You may be required to meet and greet guests, sign a lease, or even set up a security box.
If you’re considering running a serviced apartment, you’ll want to consider the advantages of this type of accommodation. Generally, serviced apartments offer higher rental rates than average buy-to-let properties – usually between six and nine percent higher than the average AST. However, some local authorities require you to obtain planning permission before offering these properties. This is a necessary step if you want to make a profit from your serviced accommodation.
Unlike a hotel room, a serviced apartment offers its guests more freedom. It has a separate living area, sleeping area, and kitchen. The accommodation also offers WiFi, direct-line phones with voicemail, onsite laundry, reception, and more. This means that you can work from a serviced apartment – and enjoy your time away from the stresses of the hotel room! It can also offer you more privacy.
They are cheaper than equivalent hotel rooms.
Serviced accommodation is cheaper than equivalent hotel rooms for a variety of reasons. For one, it offers more personal space and comfort. For another, the prices are lower because the prices do not include VAT. These costs can be as low as 4% after 28 nights. In addition, serviced accommodation is often much more flexible than a hotel room. In addition, serviced apartments are more affordable than equivalent hotel rooms and can be excellent value for money.
When comparing the cost of serviced accommodation with hotel rooms, it is essential to understand that one-bedroom apartments can cost up to 50% less than an equivalent number of hotel rooms. The difference can be significant, mainly because many people find it more convenient to stay overnight than they would if they had to wait for an early breakfast. Furthermore, serviced accommodations are more flexible than hotel rooms. Some services provide 24-hour access, while others offer flexible check-in and check-out times.
They provide all the conveniences of home.
When traveling on business or for pleasure, serviced accommodation offers a home-like experience with a bit of extra space. The amenities included in most serviced apartments include laundry, WiFi, and essential kitchen equipment. Serviced accommodations offer heightened security, including contactless entry codes and personal keys. This heightened security allows for the flexibility to function on your own time without worrying about having your personal belongings taken care of while you are away.
Many people prefer a serviced apartment over a standard hotel because they find it more comfortable. Serviced accommodation is often fully furnished, with the kitchen and laundry facilities set up like a hotel. Most serviced accommodation companies have a professional staff to manage guest bookings and maintain the property. They can even clean and maintain the property. These benefits are great for people who don’t have the time or experience to take care of an entire hotel.
They are ideal for long-term assignees.
Assignees from African countries tend to be short-term and business-critical, meaning that serviced accommodation is the ideal solution for this deployment type. Companies can cut per-diem expenses by sharing facilities with colleagues, thereby avoiding the high cost of restaurant meals and laundry. Moreover, since an apartment can accommodate two people, employers can reduce per-diem costs by as much as 50%.
One of the key advantages of serviced accommodation is the freedom to set your schedule. Assignees can plan their daily activities and relax and enjoy their stay in a convenient location. Further, they can also benefit from the on-the-ground support provided by the serviced apartment provider. This ensures that assignees can maximize their productivity during their assignments. However, serviced apartments can be costly compared to traditional hotel stays.
They can generate a good cash flow.
Serviced accommodation can generate a healthy cash flow if you manage it well. The only drawback is that these properties often have low occupancy rates and may lack specific amenities. But holiday rentals Aberdeen can’t stop many investors from investing in these properties. The following are some of the best ways to generate cash from serviced apartments. Read on for more information. Listed below are three essential tips to start your own serviced accommodation business.
Consider the location of your serviced apartments. Ideally, you should be located near essential facilities and amenities. For instance, if you are selling serviced apartments to corporate professionals, it is essential to be close to transportation alternatives. Also, make sure to locate the property in a central location. Finally, make sure the serviced apartment features fully-furnished facilities. Providing old-fashioned facilities for tenants will result in many cleaning-related issues.